When Bitcoin was worth 59,000 the day before yesterday, my cousin used his family’s 800,000 demolition money to short Bitcoin. He has been in this industry longer than me. He said that if the Federal Reserve cuts interest rates by 50 points, there is a high probability that there will be a financial crisis. This Bitcoin may fall to 30,000. Just today I called him and asked him if he had placed a stop loss.
He said he didn't hang up and his position was liquidated. I deeply regret this, and I would like to remind everyone that you must strictly follow stop loss and take profit when making transactions!
Next, let me introduce you to the potential coin DODO.
1. DODO stands out in the market with its unique advantages. As a decentralized trading platform (DEX), DODO not only provides an efficient and secure trading environment, but also significantly improves liquidity and reduces transaction slippage through the innovative Proactive Market Maker (PMM) algorithm.
2. The smart contract of the DODO platform and the mechanism that does not require trusting a third party make transactions more fair and transparent.
3. DODO supports cross-chain transactions and rich asset types, further broadening users’ choice space. DODO's incentive mechanism also promotes the prosperity of the ecosystem and provides users with more opportunities to participate and make profits.
In short, DODO has demonstrated extraordinary competitiveness in the cryptocurrency field with its innovative technology and comprehensive services. I am very optimistic about the potential of DODO in the future.